As the website is also linked to Tanstia-FNF's additional services of databases, medium-scale industries and trading houses also evinced interest in the scheme.

For an entry fee of Rs 3,000, Sidco will create a web presence for SSI units, which would place full details of products manufactured, provide information about the company, provide electronic mail services to member units to help them communicate with potential buyers abroad. Sidco would also correspond with potential buyers overseas, collect export orders on-line, assist member units in regulatory compliances such as customs and RBI formalities, provide advisory services in respect of export logistics, offer financial consultancy to member units in respect of raising export credit from commercial banks and development financial institutions.

In short, Sidco alongwith Tanstia-FNF will play the role of the export management team, saving considerable expenses for the small industries.

Tanstia-FNF also provides financial information (bankruptcy, payment history, legal, tax history, financial results, banking relationships) of the buyer through its 650 databases with latest updates. For an additional fee, Tanstia-FNF also provides market research reports, information available on-line from major credit rating agencies, import and export details from all Indian ports and a variety of other information.

A fee of Rs 1,500 would be collected every month after the initial six months, for this export management. For those small industries which do not have computerised facilities, they would be allowed to access the Net from Sidco office, Cyriac said.